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ASI PRECISION SOLUTIONS, LLC 401(K) P/S PLAN 401k Plan overview

Plan NameASI PRECISION SOLUTIONS, LLC 401(K) P/S PLAN
Plan identification number 001

ASI PRECISION SOLUTIONS, LLC 401(K) P/S PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
  • Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
  • Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
  • Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

ASI PRECISION SOLUTIONS, LLC has sponsored the creation of one or more 401k plans.

Company Name:ASI PRECISION SOLUTIONS, LLC
Employer identification number (EIN):352418431
NAIC Classification:811310
NAIC Description:Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance

Additional information about ASI PRECISION SOLUTIONS, LLC

Jurisdiction of Incorporation: Ohio Secretary of State Business Services Division
Incorporation Date: 2011-09-14
Company Identification Number: 2048005
Legal Registered Office Address: 5935 MEEHAN ROAD
-
DUBLIN
United States of America (USA)
43016

More information about ASI PRECISION SOLUTIONS, LLC

Form 5500 Filing Information

Submission information for form 5500 for 401k plan ASI PRECISION SOLUTIONS, LLC 401(K) P/S PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012022-01-01CHRISTINA FOWLER2022-06-08 CHRISTINA FOWLER2022-06-08
0012021-01-01CHRISTINA FOWLER2022-02-16
0012020-01-01CHRISTINA FOWLER2021-05-28
0012019-01-01CHRISTINA FOWLER2020-06-05
0012018-01-01CHRISTINA FOWLER2019-06-06
0012017-01-01CHRISTINA FOWLER2018-05-02

Financial Data on ASI PRECISION SOLUTIONS, LLC 401(K) P/S PLAN

Measure Date Value
2022 : ASI PRECISION SOLUTIONS, LLC 401(K) P/S PLAN 2022 401k financial data
Total expenses incurred by plan in this plan year2022-06-08128784
Net assets as of the end of the plan year2022-06-080
Total assets as of the beginning of the plan year2022-06-08137258
Value of plan covered by a fidelity bond2022-06-0850000
Other income to plan in this plan year2022-06-08-8474
Plan net income in this plan year2022-06-08-137258
Net assets as of the end of the plan year2022-06-080
Net assets as of the beginning of the plan year2022-06-08137258
Expensese paid to adminstrative service provicers from plan in this plan year2022-06-08324
Total liabilities as of the end of the plan year2022-02-160
Total liabilities as of the beginning of the plan year2022-02-160
Total expenses incurred by plan in this plan year2022-02-165896
Net assets as of the end of the plan year2022-02-16137258
Total assets as of the beginning of the plan year2022-02-1691159
Value of plan covered by a fidelity bond2022-02-1650000
Participant contributions to plan in this plan year2022-02-1623375
Value of participant loans at end of plan year2022-02-16200
Other expenses paid from plan in this plan year2022-02-160
Other contributions to plan in this plan year2022-02-1610
Other income to plan in this plan year2022-02-1617588
Plan net income in this plan year2022-02-1646099
Net assets as of the end of the plan year2022-02-16137258
Net assets as of the beginning of the plan year2022-02-1691159
Value of contributions failed to transmitted timely2022-02-163664
Employer contributions to plan in this plan year2022-02-1611022
Expensese paid to adminstrative service provicers from plan in this plan year2022-02-16871

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